US New Home Sales Plummet As COVID-19 Hits Housing Market
PYMNTS
APRIL 24, 2020
As COVID-19 started to impact the housing markets during a wind-down in mid-March, new home sales in the United States plummeted 15.4 Low mortgage rates and continued demand from the millennial generation should drive a rebound in housing activity later this year and into 2021,” Ayers predicted. Sales dropped a steep 41.5
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